Illinois Ponzi scheme fugitives caught in Arizona

AP News

5/7/2012 6:33:15 PM - AP News
PHOENIX (AP) — An Illinois couple on the lam for 12 years after they fled punishment for running a Ponzi scheme will be escorted back from Arizona.Nelson and Janet Hallahan waived their right to a preliminary hearing in U.S. District Court in Phoenix on Monday. They will be extradited to Illinois.Agents with the U.S. Marshal's Service arrested the Hallahans in Arizona on Saturday, 12 years after they failed to report to an Illinois prison after pleading guilty to bilking investors out of $1.2 million. The two were living in separate homes in Tonopah, a sleepy desert community 50 miles west of Phoenix.